Cases & Investigations
Robinhood “Prediction Market” Investigation
Type: Investigations
Product(s): Robinhood Prediction Markets
Wolf Popper LLP is investigating Robinhood, the popular online stock trading platform, in connection with its operation of a so-called “prediction market” with Kalshi, the largest operator of “prediction markets” in the world. Unbeknownst to Robinhood’s users, however, “prediction markets” are nothing more than unlicensed gambling platforms that violate the laws of several states. By operating an unlicensed gambling platform, Robinhood has potentially violated gambling laws, engaged in illegal deceptive activity, and unjustly enriched itself at the expense of millions of consumers.
If you lost money while betting on a prediction market through the Robinhood investment platform, and live in California, Connecticut, Illinois, Massachusetts, Maryland, Michigan, Montana, Nevada, New Jersey, New York, or Ohio, we want to hear from you. Please send us an email to outreach@wolfpopper.com.
If you lost money while betting on a prediction market through the Robinhood investment platform, and live in California, Connecticut, Illinois, Massachusetts, Maryland, Michigan, Montana, Nevada, New Jersey, New York, or Ohio, we want to hear from you. Please send us an email to outreach@wolfpopper.com.
Contact Instructions
- Phone: Robert Finkel – (212) 451-9620
- Phone: Timothy Brennan – (212) 451-9616
- Email: Outreach@wolfpopper.com
- Contact Us